Thank you for finding this @Redeyeforecast and I must say that I hold those expressed opinions more strongly than ever and find myself thinking of @elonmusk as an example of what happens when the creators of wealth feel unappreciated by government—where bureaucrats stifle creativity and politicians pile on debt.

The corresponding banking system is outdated, disjointed and unjust. There are only a few banks internationally that have international correspondence relationships with each other. When sending money internationally, you ultimately have to go through two intermediaries banks before your money arrives at the destination. There is minimal transparency regarding these international transactions.

Centralization vs Decentralization By: Stefan Thomas & Chris Larsen

In Chris Larsen’s view, the real journey of fin-tech has yet to truly begin. He considers fintech as the step-child of the internet boom because of the lack of infrastructure for moving money, despite the internet’s capability to handle data. We need both for this revolution. Larsen believed that it was only a matter of time until the world had a global digital asset with no government backing, and no counterparty.

Centralization vs Decentralization By: Stefan Thomas & Chris Larsen

David Schwartz explains that the Bitcoin Maxi perspective/narrative on the crypto space is the wrong way to look at it, at the moment.

What role does XRP on the XRPL play in all of this (below) ? 2 main roles. 1.) It acts as a fee so that there is a neural way of charging people for making transactions. 2.) It was built to be a liquidity asset. Also known as the secret sauce of the XRPLedger.

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How many individuals who identify as cryptocurrency enthusiasts truly comprehend the intricacies of cryptocurrency? I often find myself thinking about that after reading what I witness on this app.

Being prepared is half the battle; what’s to come is inevitable & it’s coming sooner than you think. 🖨️💵 @jam_croissant suggests that we all watch this Henry “Hank” Paulson Jr. (Former United States Secretary of the Treasury) interview that surprisingly got swept under the rug.

It gives me great comfort knowing Ayo is Head of Engineering at RippleX⁩, especially as ⁦David⁩ departs. I remain hopeful that an increasing number of holders and builders alike will understand and appreciate the importance of his point here.

Dr. @judyshel acknowledges that the Fed is too powerful, too prominent, and too political. She also accuses Jerome Powell of hypocrisy because of his recent video about legality and the Federal Reserve.